AMAZON BUYING A TV/PHONE COMPANY? APPLE LAWSUIT COULD BAN IPHONES – TESLA DOWN 20% – QVC & HSN!
AMAZON IS BUYING ANOTHER COMPANY? APPLE LAWSUIT COULD BAN IPHONES? TESLA DOWN 20%? QVC & HSN MERGER!
Amazon is looking to invest in the Dish Network. The Dish Network is you classic cable tv service provider and has been a billion dollar company for awhile. So why would Amazon want to get into an industry that is dying? Well they aren’t. The Dish Network is looking to become a Wireless Communications company and wants a large investor to burden some of the load that goes about transitioning into the field. That is where Amazon jumps in. Jeff Bezos may invest several billion dollars into the Dish Network so that his Amazon Drone System, Amazon Echo, and potentially an Amazon Telecom Service can take full flight!
Well, One of the most overvalued stocks in history has dropped 13% in 2 days and 20% in a few weeks. Tesla has not had a good week. They have had a few minor bad news stories come out about them recenetly, but surely that wouldnt cause the stock to fall off a cliff right? Odds are, the drop in stock is from investors realizing tesla is overvalued. Nothing more.
QVC is Buying the Home Shopping Network! This will create the biggest 1990’s powerhouse shopping channel ever! haha, even though both of these companies may be past their prime, they are still doing well and have decided to join forces against the evil empire, Amazon. ONe hidden fact is that HSN gets half of its revenue from online sales. The merger of the two companies will actually create the 3rd largest online retailer in North america, next to the evil empire, and Walmart.
Normally Berkshire HAthaway buying a multi-billion dollar company would be the headline news, but today that isn’t the case. Warren Buffet has decided to buy Oncor (a Texas electricity company). The dollar amount is still undisclosed. More news to come.
‘Microsoft is so evil, it just fired 3000 people for corporate greed’. Hold your horses there socialists of reddit. Microsoft is firing 3000 salespeople, but it will also be hiring and promoting more sales people to sell their Microsoft Azure cloud services. It is transitioning from basic software to cloud services.
Will the population of the earth hit its peak anytime soon? The answer is probably not….but maybe.
The NBA has decided to advertise on their jerseys. Most of them look good except for the Brooklyn one.
Capitalism, Corporate Greed, rich get richer, 70% taxes, and more!!! Live from the pedestrians at the G20 summit!
Qualcomm is suing Apple for patent infringement plus lack of payment. They want half of all Apple products banned from the USA
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